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Chambal Fertilisers' step-down arm to sell, dispose-off its business

29 Jan 2016 Evaluate

Chambal Fertilisers & Chemicals - subsidiary company - CFCL Technologies’ arm have entered into agreements for sale of some of its business. ISGN Corporation, USA has entered into a stock purchase agreement to sell and transfer its entire shareholding in its wholly owned subsidiary - ISGN Solutions Inc., USA to Firstsource Group USA, Inc.

Further, ISG Novasoft Technologies has entered into a slump sale agreement to sell and dispose-off part of its business / undertaking i.e. Business Process Outsourcing business to Firstsource Process Management Services, India as a going concern on slump sale basis.

Chambal Fertilisers & Chemicals is one of the largest private sector fertilizer producers in India. It has three divisions catering agri products, shipping & textiles.



Chambal Fert & Chem Share Price

454.15 0.90 (0.20%)
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